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Stoxkart is a value-driven low-cost discount stockbroker with a clear and transparent flat brokerage plan. It charges no brokerage on the delivery segment, and Rs. 15 flat brokerages on equity intraday, equity derivatives, commodities, and currencies segments.
What makes Stoxkart different from others,is it not just has the cheapest Rs. 15 flat pricing model but also brokerage is only charged if you earn profit. There is no brokerage on loss-making intraday trades.
| Trading Account Opening Charges | Free |
| Trading Account AMC | Free |
| Demat Account Opening Charges | Free |
| Demat Account AMC | Rs. 300 |
Visit Stoxkart Brokerage Charges page to check plans, fees, and taxes.
Check and compare Stoxkart charges with 5 close competitors.
To start trading and investing in different asset classes, you have to open a trading and a demat account with Stoxkart and link it with your personal bank account. You can open an account online or offline by sending manual-filled forms to the broker. Check out the type of accounts provided by Stoxkart to its customers.
Open an instant paperless trading and demat account with Stoxkart online. The broker allows a 100% digital eKYC-based account opening process to complete your account opening journey in just 15 minutes.
| Android Trading App | Android <span class="broker-avail yes"><i class="bi bi-check-circle-fill"></i> Yes</span> Download |
| iOS Trading App | iOS App Download |
| Web Trading Detail | Yes |
| Trading Software Charges | Free |
| Detail | Detail on Trading Platforms for stoxkart |
Stoxkart has many unique and user-friendly in-house designed online trading platforms to suit everyone’s needs. It provides a compact classic mobile trading app, a browser-based web trading platform, and new-age desktop trading software. Know some basic details about the features of each of the Stoxkart trading platforms.
For a detailed review of the mobile app and download, please visit Stoxkart Trading Platform Review
Stoxkart is a Delhi-based discount brokerage arm of a reputed full-service stock broker, SMC Global Limited. Launched in 2019, Stoxkart is a registered member of BSE, NSE, and MCX to offer online trading and investment in equity, equity derivatives, commodities, currencies, IPO, and mutual funds.
It’s unique pay brokerage when you earn pricing model attracts a lot of traders and investors to save brokerage charges. The model charges you the brokerage only if you make some profit, or else there will be zero brokerage on loss-making trades.
It has the cheapest Rs. 15 flat brokerage plan that charges no brokerage on delivery trades and flat Rs. 15 per order on intraday and derivatives trading regardless of the trade value. The brokerage charges are comparatively cheaper than Zerodha, Upstox, and Angel One’s Rs. 20 brokerage. The broker facilitates instant account opening services to open a Stoxkart trading and demat account online to make the account opening process easier and faster.
Stoxkart has a fantastic range of cutting-edge trading platforms such as Stoxkart Classic mobile trading app, Pro Web platform, and desktop trading software. StoxMF is a dedicated platform for mutual fund investment.
Compared to Zerodha, Upstox – StoxKart is a new initiative from SMC Global. StoxKart is giving almost similar services as a discount broker, free delivery trading, and Rs 15 per order brokerage. The broker offers Mutual Fund investment but not direct mutual funds like Zerodha, Upstox. Other investment options like Fixed Deposit, Capital Gain Bonds, NCD issues, and GOI Taxable Bonds are available with StoxKart, whereas Zerodha, Upstox are not providing a complete wealth creation product range.
Being a part of SMC Global, Stoxkart provides trading calls & research recommendations to customers on the research section across all the platforms. Read a completely genuine and unbiased Stoxkart Review 2023 including brokerage charges, account opening process, types of accounts, mobile app & other trading platform features, customer care details, and pros & cons.
Stoxkart is an online discount stock broker that provides online customer services through limited communication channels such as email, customer care number, and web form via ticket. However, branch support is not available.
| Stoxkart Customer Care Phone Number | 1800 11 3331 |
| Stoxkart Customer Support Email | [email protected] |
| Stoxkart Knowledge Center | https://www.stoxkart.com/learning-center.php |
Despite being relatively a new-age discount brokerage house, Stoxkart’s Rs. 15 cheapest brokerage model only on profitable trades is a unique offering from other competitors. Not just the lowest flat brokerage but also a fantastic range of online platforms, free mutual fund investment, award-winning SMC's research services, and an abundance of educational material on the learning center, and blog make Stoxkart a feasible broker for newbies or beginners.
Stoxkart, the discount broker focuses on providing the best mobile trading experience. The broker offers different mobile apps to deliver them mobile-friendly trading experience. Stoxkart mobile apps include Stoxkart Invest, Stoxkart Pro app, and Stoxkart classic mobile app. All of these mobile trading platforms are completely free to use at zero charges.
Mobile apps for Stoxkart
Yes, Stoxkart allows UPI fund transfer facility to its customers. Here are the steps to transfer funds through Stoxkart;
Stoxkart being a part of a large group – SMC, a reputed diversified financial organization can be considered a safe broker. Further, its cheapest brokerage model of flat fee @ Rs. 15/order, trading across multiple segments, strong compliant management ratio, zero cost mutual funds investment, NRI provisioning, modern age trading platforms like Stoxkart Pro app, Stoxkart classic mobile app, Stoxkart desktop trading software, etc. are reasons why Stoxkart can be considered a safe brokerage house.
Despite being a relatively new broker in the stockbroking industry, Stoxkart is a good broker due to the following reasons;
The Delhi-based discount brokerage firm doesn’t charge brokerage on delivery trading however, its delivery margin is 1X means no margins available on delivery trading. Hence, clients have to pay margins upfront to trade in the delivery segment. Customers can also convert intraday trade into delivery trade if the client has enough margins equivalent to the cost of a trade.
Stoxkart has two plans; flat or discount brokerage plan and premium plan with higher exposure or margins. Stoxkart provides up to 3X option margin for index whereas, under the premium plan, 4X margins is available. However, for trading in the stock options segment, the normal plan provides a 2X margin which is 3X under the premium plan.
Anyone who has a Stoxkart demat and trading can trade with Stoxkart online through Stoxkart Pro Web that is the web-based trading platform offered by the broker. People are also allowed to trade through its desktop trading software and mobile trading platforms - Stoxkart Pro app, Stoxkart Classic app, and Stoxkart Invest App.
Stoxkart, a new age tech-savvy broker is owned by SMC Global Securities Limited, that is a Delhi-based financial service company engaged in investment banking, retail banking, financial analytics, and other areas. The online discount broker-Stoxkart provides trading across multiple segments i.e. equities, futures & options, commodities, currencies, IPO, mutual funds, bonds, corporate FDs, and others at competitive brokerage charges.
Online trading with Stoxkart comes with an abundance set of advantages that are provided below;
Yes, to help clients at every point of time, the discount broker provides Stoxkart Support services wherein clients can drop their queries anytime and the customer service team will respond to you as soon as possible.
Steps to access Stoxkart Support services:
The Stoxkart Premium Plan is a recently launched plan wherein the broker provides high exposure or margin to traders. Key features associated with Stoxkart Premium Plan are as follows;
There are some considerable features that made Stoxkart trading a good option for beginner level traders that are as follows;
